How long is the normal turn around once a loan has been submitted to RDA in Tennessee?
Our loan was just submitted on Tuesday 5/5/09 to RDA for approval. Was wondering how long it took to here back whether or not it has been approved.
Answers (2)
Rural Housing is taking up to 2 weeks after being submitted..that is of June 20, that was the time it was taking to get an answer back...
FIRST ANSWER
If RD approvial is the last step before closing on the loan it can up to 2 weeks.
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